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of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many more times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and, in fact, the treasury department said that the government on monday will hit the limit of how much money we can borrow to run the government. they're going to do some extraordinary measures to keep us going until february. but things look grim. the one sliver of good news i can say on the substance is, the speaker's office tells me this morning there has been contact between the speaker of the house and the president, at least on the staff level. and they won't say whether or not the two men actually spoke. >> contact. hazahs all around. we heard a lot about taxes that w
of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many more times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and, in fact, the treasury department...
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Dec 24, 2012
12/12
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over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in right now. the president's offer is the one on the table right now. at this point the choices are getting very, very narrow. i didn't hear do nothing. i didn't hear about a grand bargain. the other big thing over the weekend, i was getting a lot of e-mail about, is when will the treasury department declare they've run out of the capability to borrow money. certainly by the end of february, everybody knows that. but some people think it could happen sooner than that. that will bring up the whole issues about the rating agencies coming out with warnings of a do
over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought...
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. >>> kelly o'donnell is on capitol hill this morning with all the details of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve? >> reporter: joe biden moved from key negotiator to his pa y party's closer, meeting behind closed doors with fellow democrats to make his case for his package. >> you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money and number two, you surely shouldn't predict how the house is going to vote. >> reporter: instead of sweeping tax increases for everyone, new higher rates would hit those making over $400,000 a year, $450,000 for couples. plus higher rates on savings, investments and large inheritances. overall, tax increases of about $600 billion over ten years. both parties comp
. >>> kelly o'donnell is on capitol hill this morning with all the details of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve?...
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Dec 27, 2012
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talks underway this morning. the clock is ticking what farmers are calling the dairy fiscal cliff. patti ann. patti ann: aptly named. dominic di-natale live in l.a. for us. thanks. gregg: the deadly winter weather is far from over. new warnings of another powerful system heading our way. the already storm-pummeled northeast really hurting. >> new concerns about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget committee and he joins us live, next. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're
talks underway this morning. the clock is ticking what farmers are calling the dairy fiscal cliff. patti ann. patti ann: aptly named. dominic di-natale live in l.a. for us. thanks. gregg: the deadly winter weather is far from over. new warnings of another powerful system heading our way. the already storm-pummeled northeast really hurting. >> new concerns about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget...
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Dec 28, 2012
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with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone el
with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could...
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Dec 31, 2012
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that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this morning. markets reacting quite like this, the dow down about 12 points, s&p positive by about three, and the nasdaq up about 15. meantime in hong kong, they are already celebrating the new year. this is a live picture of what's happening on the other side of the planet and that scene will be a lot more familiar to those on the east coast in just a few hours time. meantime just a few hours to go, still no deal on the fiscal cliff. how are the markets going to be impacted heading into the new year? head of research joining us from new york, andrew, happy new year to you. all kinds of predictions becaus
that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this...
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Dec 31, 2012
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. >>> and less than 24 hours until the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and we'll tell you what will happen if they don't. >>> we begin with today's "y opener," your world in 90 seconds. >>> hillary clinton will be celebrating the new year from a hospital bed. >> secretary of state hillary clinton is hospitalized in new york city. >> she's got a blood clot she suffered from a fall. >> it left her severely dehydrat dehydrated. clinton had been planning to return to work this week. >> there's still significant difference between the two sides. >> today the final day of fiscal cliff negotiations. >> i want everybody know i'm willing to get this done but i need a dance partner. >>> vice president joe biden is now in on negotiations. >> do i wish things were more order will i in washington? absolutely. >>> a tour bus crashed on an icy oregon highway has killed nine people and injured 20 others. >> today is december 231st. there's going to be a huge celebration in times square with ever
. >>> and less than 24 hours until the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and we'll tell you what will happen if they don't. >>> we begin with today's "y opener," your world in 90 seconds. >>> hillary clinton will be celebrating the new year from a hospital bed. >> secretary of state hillary clinton is hospitalized in new york city. >> she's got a blood clot she suffered...
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Jan 1, 2013
01/13
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the senate passes a package to avoid the dreaded fiscal cliff. will the house do the same? melanie is live with what this means to you. >> from tokyo to new york city. celebrations around the world . later this hour, how to make a great resolution for 2013. and guess what? tips on how to stick to it. >> that's the biggest problem. >> that's the most important part. >> sure you think it's love but maybe your body is messing with you. how you may be able to tell the difference. plus a local sports star off the market. those stories coming up in our talkers of the day. good morning, everyone. >> good morning to you. >> i'm sarah simmons. >> i'm allison seymour. tony is off today . we're here to say happy new year. let's check out one of the count downs. that was the scene during the count down to 2013 in the big apple. where else right? more than a million people hit the chilly streets to watch the ball drop in times square. about a billion more watched on television. >> it's the best place. >> it was so comfortable in my base amount with my family watching it last night. it w
the senate passes a package to avoid the dreaded fiscal cliff. will the house do the same? melanie is live with what this means to you. >> from tokyo to new york city. celebrations around the world . later this hour, how to make a great resolution for 2013. and guess what? tips on how to stick to it. >> that's the biggest problem. >> that's the most important part. >> sure you think it's love but maybe your body is messing with you. how you may be able to tell the...
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last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first over the fiscal cliff. >> julia: before we talk about the fiscal cliff. you did cavuto. you did o'rielly or i mean not o'rielly. the five. today you have this show and then cavuto and then on the five. >> you will be on the five. >> julia: and then other things. >> it is one of those days. iclele ladies and gentlemen, eric bowling -- boling is the mara thon man. >> it is good to be here. >> julia: yes, it is good to be here. >> kelly: thank you for joining us this morning. >> julia: the headlines and fox news alert it appears russian president vladimir putin is trying to make
last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first...
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cliff is something that they recognized in the senate. and i also think that for senate republicans and even some democrats, it's not as much of an issue to be able to take home politically the idea of voting for a tax cut as opposed to a tax increase which the house would be doing tomorrow. also just the idea of momentum. they've got the momentum. they don't want to blow it if they've got it. >> you know this well. a lot of democrats especially liberal democrats, they're not happy that the president raised that $250,000 threshold to $450,000 since he had spoken of the $250,000 figure for months and months and months. ran his re-election campaign on it. >> and won. and there was a rebellion today among democrats in the morning. tom harken went on the senator floor and said he did not like the deal that was emerging. i don't know if that caused them to go back into the room and change some things or if some democrats just didn't know what the details were. but it took a lot of convincing by the white house, there were conference calls toda
cliff is something that they recognized in the senate. and i also think that for senate republicans and even some democrats, it's not as much of an issue to be able to take home politically the idea of voting for a tax cut as opposed to a tax increase which the house would be doing tomorrow. also just the idea of momentum. they've got the momentum. they don't want to blow it if they've got it. >> you know this well. a lot of democrats especially liberal democrats, they're not happy that...
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over the fiscal cliff. the house and senate are expected to go back into session this afternoon. senate leaders hope to get legislation on paper by tonight with hopes of taking a vote tomorrow. >>> and the clock is also ticking toward the biggest game in recent memory for the washington redskins. they will face the dallas cowboys at fedex field tonight. the winner wins the nfc east. the skins won the first meeting this year, 38-31. >>> and gwen says it is going to be very cold out there. >> it is. >> but hopefully fan cheering will keep them warm. >> i think so. i think they are going to forget about the cold and get into the spirit of that all important game out there. lots to talk about weatherwise. take a look outside, it's a live shot down on wisconsin avenue from our tower cam and you can't really see much going on there right now as far as the wind is concerned, but we have some gusty winds that are happening outside right now and definitely going to be sticking around for most of the day. as far as s
over the fiscal cliff. the house and senate are expected to go back into session this afternoon. senate leaders hope to get legislation on paper by tonight with hopes of taking a vote tomorrow. >>> and the clock is also ticking toward the biggest game in recent memory for the washington redskins. they will face the dallas cowboys at fedex field tonight. the winner wins the nfc east. the skins won the first meeting this year, 38-31. >>> and gwen says it is going to be very cold...
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alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time,...
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five days until we fall off the fiscal cliff. the president returning to washington to try to negotiate things there. doug luzader is life with the president's plans and what could happen if a deal isn't reached in time. >> the president is in the air on board air force one heading back from hawaii. he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of a compromise. here's what's going to happen. just about everybody is going to have a tax increase. the number goes up significantly with incomes. if you are talking 200 to 500,000 in income almost 14,000 dollars in tax hikes. the wealthiest ame
five days until we fall off the fiscal cliff. the president returning to washington to try to negotiate things there. doug luzader is life with the president's plans and what could happen if a deal isn't reached in time. >> the president is in the air on board air force one heading back from hawaii. he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since...
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Dec 31, 2012
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trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional budget office says going over the cliff could cost the country more than 3 million jobs in 2013. we begin our coverage with nancy cordes on capitol hill. good morning. >> reporter: good morning. the senate is set to reconvene in about an hour. we're told negotiations progressed well last night, that the vice president is now heavily involved and that the two sides have moved significantly towards one another on the top issue, which is tax cuts. but the big question is whether they can make it the rest of the way before tonight's deadline.
trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional...
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down about 83 points and everyone is blaming it on the fiscal cliff and watching washington and hoping they can find middle ground as we approach the ever impending dead line. well another sign that the housing market is improving the national association of realtors says pending home sales rose last month so it's highest level in two and a half years. pending sales rose nearly 2% in november and it's the third month in a row it has gone up. amazon says it had a very green christmas season. it announced it's 2012 holiday sales were the biggest ever. they had several record setting days including cyber monday when customers ordered 26 and a half million products. amazon isn't giving exact numbers but says sales of the kindle devices are it's top overall setters and says they set a record for digital downloads on christmas day and e reading is gaining popularity on all devices. nearly one quarter of all americans downloaded and read a book on an electronic reader this year up 7% from last year and the number of people reading traditional books dropped ♪[music] >> and powered by people
down about 83 points and everyone is blaming it on the fiscal cliff and watching washington and hoping they can find middle ground as we approach the ever impending dead line. well another sign that the housing market is improving the national association of realtors says pending home sales rose last month so it's highest level in two and a half years. pending sales rose nearly 2% in november and it's the third month in a row it has gone up. amazon says it had a very green christmas season. it...
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. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the mix up between sending a plan and not sending a plan by the president? >> hi, john. the bottom line is both sides want to take action and before senat senator mcconnell decides whether to filibuster the measure and whether the other republicans in the party will filibuster, they have to see the details in the proposal. will there be an estate tax provision? how will unemployment which is expected to be extended? will it be paid for? what spending measures will be in this and spending cuts, etc. there will be more details spelled out and where will that come from? will it com
. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the...
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12/12
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the president orders lawmakers to top level negotiations to avoid the fiscal cliff. >> it's just four days until a pending financial fiasco that would cost every single american. it's friday, december 28. >> from abc news, this is "world news now." >> good morning, and happy friday. i'm brandi hitt in for paula faris. >> and i'm muhammad lila in for rob nelson. brandi, we made it through the week. still got a half hour left, but we made it and it's been great. >> and then you head back to d.c. today. >> and you're going to l.a. >> so we'll be leaving you. >> it's been a wild ride. >> it's been a lot of fun. >> absolutely. now let's just make it through this half hour. we still have jobs at the end of this half hour. coming up, we're going to hear from the vocal players in washington awaiting today's fiscal cliff negotiations. that is our top story. then we'll remember stormin' norman schwarzkopf, one of the nation's best known warriors. while leading troops to battle, he's lost his battle with pneumonia. >>> blown away by an oncoming tornado. wait till you see the surveillance video.
the president orders lawmakers to top level negotiations to avoid the fiscal cliff. >> it's just four days until a pending financial fiasco that would cost every single american. it's friday, december 28. >> from abc news, this is "world news now." >> good morning, and happy friday. i'm brandi hitt in for paula faris. >> and i'm muhammad lila in for rob nelson. brandi, we made it through the week. still got a half hour left, but we made it and it's been great....
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nature at its most delicious. . >>> you know there is a lot at stake in the fiscal cliff talks besides the looming tax hikes. fox's peter deucey has a look at the latest in massive cuts that could be coming to the defense department. >> reporter: senator lindsay graham told me this morning his phone rang during dinner saturday night. it was defense secretary leon panetta calling to say he had been told that the bill to avoid the fiscal cliff will not include anything to avoid sequestration. on tuesday, leon panetta will have to write 800,000 layoff notices to the defense contractors. >> if the president doesn't deal with this, is a cloudy commander in chief. i would be very disappointed in the president as commander in chief and disappointed in the republican party for allowing this to even be a possibility. >> reporter: sequestration is designed to be painful. it was the penalty the congress imposed on itself last year. now, half of the cuts are directed at the pentagon but president obama said today the dramatic across the board cuts can be offset by raising taxes on the rich. >> if
nature at its most delicious. . >>> you know there is a lot at stake in the fiscal cliff talks besides the looming tax hikes. fox's peter deucey has a look at the latest in massive cuts that could be coming to the defense department. >> reporter: senator lindsay graham told me this morning his phone rang during dinner saturday night. it was defense secretary leon panetta calling to say he had been told that the bill to avoid the fiscal cliff will not include anything to avoid...
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Dec 29, 2012
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to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-
to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax...
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two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house take
two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families...
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cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we w
cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic...
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Dec 29, 2012
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. >> with the fiscal cliff deadline just two days away if you're counting, there are knowing concerns over how the u.s. markets will react if lawmakers fail to reach a deal. and we've already seen the markets take several hits during the course this have discussion. even the dow jones ended one of the last trading days of the year on friday at just under 1300 points, a one month low, so, what can we expect for the the new year, a managing partner of car guile investments at wnb. thank you for joining us. >> my pleasure. >> so despite its name, a lot of strategists say that the fiscal cliff will not hit the economy right away and that could give lawmakers some time to continue negotiating, perhaps, but it's unclear how long the market will tolerate that uncertainty. so, what if no deal is reached and no action is taken? >> well, heather, i actually believe that might be the best outcome of all. when we look at it, there's not really a cliff. what happens on wednesday morning, the first day of the year, we'll roll out of bed and put the gasoline in our car and go to work. so there's not
. >> with the fiscal cliff deadline just two days away if you're counting, there are knowing concerns over how the u.s. markets will react if lawmakers fail to reach a deal. and we've already seen the markets take several hits during the course this have discussion. even the dow jones ended one of the last trading days of the year on friday at just under 1300 points, a one month low, so, what can we expect for the the new year, a managing partner of car guile investments at wnb. thank you...
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Dec 29, 2012
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>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are
>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60...
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countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the expwrort leader can make to his conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle
countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a...
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Dec 25, 2012
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the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just release
the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was...
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the fiscal cliff. abc's jonathan karl reports on the details from washington. >> reporter: at long last, they finally have a deal. late last night, vice president biden went to capitol hill to convince senate democrats to pass it. >> i think we'll get a very good vote tonight, but happy new year. >> reporter: after a quick debate, the senate even passed it. >> the bill as amended is passed. >> reporter: now the big question, can it pass in the house? technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans were not happy with what they heard from president obama who hel
the fiscal cliff. abc's jonathan karl reports on the details from washington. >> reporter: at long last, they finally have a deal. late last night, vice president biden went to capitol hill to convince senate democrats to pass it. >> i think we'll get a very good vote tonight, but happy new year. >> reporter: after a quick debate, the senate even passed it. >> the bill as amended is passed. >> reporter: now the big question, can it pass in the house? technically...
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Dec 26, 2012
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of course, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have been told they could be called back within 48 hours' notice. meantime, and this i guess is also the big news, the white house saying the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's
of course, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have...
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the fiscal cliff? who gets a pay raise before they get the job done? it's a ridiculous notion and shows me how out of touch washington d.c. is with the rest of the country. >> dave: it's certainly not about merit. according to one report, this is the least productive congress since the 1940's in terms of the amount of bills they've passed that have gone into law. let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to be about 1 billion dollars a year with this increase for senior executives in government. so, literally, think about this. they're talking about the fiscal cli
the fiscal cliff? who gets a pay raise before they get the job done? it's a ridiculous notion and shows me how out of touch washington d.c. is with the rest of the country. >> dave: it's certainly not about merit. according to one report, this is the least productive congress since the 1940's in terms of the amount of bills they've passed that have gone into law. let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can...
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Dec 31, 2012
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. >> good morning. >> dave: it's funny, we're talking about the fiscal cliff stuff and jobs seem to be left out of the conversation. we haven't heard about much to jump start the economy. tell us what the jobs act is. >> first of all, the financing cliff, you can either raise taxes, cut spending or grow the economy. there has been very little discussion about growth. congress did something great and president obama signed it. it was called the jobs act. it was about growth and a lot of growth through innovation. what it did is made easier forebitt entwhistles to raise money. they could crowd funds, go out to more people before having these commission regulations, they could do many other things they couldn't do under the present law. but it did require the security and exchange commission to issue some rules. it turns out those rules have still not been issued. it's been about a year now and they've been held up because the chairman of the sec, chairwoman, shapiro, no relation to me, decided to sit on them because she was concerned about her legacy, according to some e-mails. >> dave:
. >> good morning. >> dave: it's funny, we're talking about the fiscal cliff stuff and jobs seem to be left out of the conversation. we haven't heard about much to jump start the economy. tell us what the jobs act is. >> first of all, the financing cliff, you can either raise taxes, cut spending or grow the economy. there has been very little discussion about growth. congress did something great and president obama signed it. it was called the jobs act. it was about growth and...
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Jan 1, 2013
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89-9 was the final passage oven their so-called fiscal cliff legislation. the house is in recess subject to the call of the charpe. the democrats held a press conference, the republicans are still meeting. we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls up i want to read some of these tweets that have been coming in and literally, thousands of them at the #fiscal cliff. this is from samuel, how can the senate pass a bill 89-8 and the out can't? this is jordan, is house g.o.p. rejection of the fiscal cliff deal sign that the they that obama won't be negligenting on the debt ceiling? >> this is art. where does this leave us at this point? amendments, no time for that, pass it. nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good after
89-9 was the final passage oven their so-called fiscal cliff legislation. the house is in recess subject to the call of the charpe. the democrats held a press conference, the republicans are still meeting. we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls...
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. >> clayton: we'll have much more on that and what the fiscal cliff means with some of those numbers. we'll dive into some of the taxes we'll all be paying. because it's going to get scary. we were talking a little bit with stuart varney about some of the taxes that you'll pay no matter what regarding that payroll tax hike that you're going to see. everyone is going to get hit. that's not even part of the discussion, hasn't even been put on the table this morning. >> juliet: speak of scary, based on what happened in newtown and what's happened in other schools around the country, parents understandably are scared. educators are concerned about security in schools. let's go to utah where the teachers will be getting weapons training today. and arizona's attorney general plans to have trained or principal trained with a gun inside the school. basically they're not saying they want the teachers to go roaming the halls with a gun. but this is like the last standr classroom. >> clayton: the first response are how are they going to allow guns in utah. in utah, one of the few states that al
. >> clayton: we'll have much more on that and what the fiscal cliff means with some of those numbers. we'll dive into some of the taxes we'll all be paying. because it's going to get scary. we were talking a little bit with stuart varney about some of the taxes that you'll pay no matter what regarding that payroll tax hike that you're going to see. everyone is going to get hit. that's not even part of the discussion, hasn't even been put on the table this morning. >> juliet: speak...
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Dec 28, 2012
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cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23 pakistani policemen who appear to have been kidnapped by the taliban. they went missing thursday. two northwest posts were -- two policemen were also killed at that time. melissa mollet, news 4. >>> thank you so much. the army general who helped force saddam hussein out of kuwait died. norman schwarzkopf died of complication frs pneumonia. stormin' norman execute theed the first gulf war. a friend of his said schwarzkopf was in love with america and was possessed by a sense of duty. >> i think america suffered a tremendous loss with the loss of a great patriot. >> schwarzkopf retired from the army in 1991 and led a qui
cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23...
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Jan 1, 2013
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the fiscal cliff. but can it pass the house later this morning. plus: celebrations marred by violence. gunshots strike multiple revelers in francisco. and it's out with the old an with 2013.. security was tight as people packed times square to ring in the new y we've got some of the best celebrations around the wor. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's tuesday, january 1st, 20-13. happy n year! ,,,, >>> here's a look at the weather in some cities around the country. rain and snow in washington, 44 degrees. rain in atlanta, 56. occasional sun in st. louis, 26. partly sunny in denver, 30. partly sunny in seattle, 42 degrees. >>> top stories now on tuesday. the senate averted the fiscal cliff passing a bill early this morning. now president obama is calling on the house to pass it without delay. the deal avoids tax hikes and spending cuts that were to go into effect at midnight. >>> secretary of state hillary clinton is spending a second night in a new york hospital. she's being treated for a blood clo
the fiscal cliff. but can it pass the house later this morning. plus: celebrations marred by violence. gunshots strike multiple revelers in francisco. and it's out with the old an with 2013.. security was tight as people packed times square to ring in the new y we've got some of the best celebrations around the wor. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's tuesday, january 1st, 20-13. happy n year! ,,,, >>> here's a look at the weather in...
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on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >> there's not enough revenue in this package to fix the fiscal problems for the country. we're going to be in hand to hand warfare beginning in january with the continuing resolution the debt ceiling to try to deal with spending issues. >> continued uncertainty about tax and spending policies in 2013 could result in another recession. frustration seems to be the operative word tonight. if no fiscal cliff deal is reached, most everyone's taxes will go up tuesday with deep spending cuts kicking in. earlier i spoke with a democratic and republican strategist. they seemed to echo the sentiment of the voters. >> this is l
on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >>...
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. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous morning because i haven't slept. >> a lot of people are saying the exact same thing. gorgeous morning on this january 1st. it is cold. if you're heading out to maybe breakfast or you're just waking up. >> yeah. let's check the forecast now. here's tom. >> or just getting home. good morning and good night. as we start off this morning, we do have a lot of cloudiness. there is a front that's going to be approaching us later today. by the time you're waking back up again, you may have a few flurries flying outside your window. storm team 4 radar showing a few scattered maybe rain, sprinkles reaching the ground. eastern n
. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous morning because i haven't slept. >> a lot...
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good morning, tara. [no audio] >> just hours away from possibly going over the fiscal cliff. if without a deal before midnight, americans will be ringing in this new year with tax hikes and spending cuts. this could kick the economy back into a recession. both chambers convened in a rare sunday session but came up empty. all a great tax rates should be preserved for the middle class. >> taxes on middle class families do not go up. >> in the deal must force wealthier americans to pay more. republicans say that will do nothing to curb the mounting debt. ernie to joe biden to break the stalemate. >> we are running at a time. there is too much at stake. >> workers may see less and there paycheck if there is no agreement. government contractors might be forced to lay off employees. businesses could lose tax breaks. many americans are still hoping for an 11th hour compromise. >> i would hope they could work together and realize that this is affecting everyone. >> both chambers will reconvene later this morning, at which point there will be 12 hours left until the deadline. >> what
good morning, tara. [no audio] >> just hours away from possibly going over the fiscal cliff. if without a deal before midnight, americans will be ringing in this new year with tax hikes and spending cuts. this could kick the economy back into a recession. both chambers convened in a rare sunday session but came up empty. all a great tax rates should be preserved for the middle class. >> taxes on middle class families do not go up. >> in the deal must force wealthier americans...
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thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal one that might spare millions of americans from paying higher taxes. danielle nottingham is in washington with the latest. dab yell, good morning to you. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a d
thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this...
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Jan 1, 2013
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. >>> congressional leaders have steered away from the "fiscal cliff." there is still no guarantee they went take the plunge. cbs reporter tara mergener joins us live from washington with the work that still needs to be done. >>> reporter: good morning, frank and grace. as of midnight eastern time, we were technically over the "fiscal cliff." now, as you said, congress, the senate, rather, did pass a scaled-back version. but it's setting the substantial now for a showdown in the house. >> reporter: in the early- morning hours of new year's day, the senate began voting on a bill to avoid the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter:
. >>> congressional leaders have steered away from the "fiscal cliff." there is still no guarantee they went take the plunge. cbs reporter tara mergener joins us live from washington with the work that still needs to be done. >>> reporter: good morning, frank and grace. as of midnight eastern time, we were technically over the "fiscal cliff." now, as you said, congress, the senate, rather, did pass a scaled-back version. but it's setting the substantial now...
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earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we do things around here, but i think we've done some good for the country. >> this is what the deal means for you and your family. bush era tax cuts extended for individuals earning less than $400,000 a year, and couples earning less than $450,000. unemployment benefits extended for a year for 2 million americans and a permanent adjustment for inflation, for the alternative minimum tax. a pretty big deal. wondering about spending cuts, keep wondering, lawmakers deferred. they will fight over those cuts over the next two months, probably again and again and again. despite the progress o
earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we...
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as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city hospital. doctors say she's making excellent progress. we're going to have the very latest on the secretary of state's condition. >>> welcome back to "early start" i'm ali velshi. >> christine romans. >> and i'm john berman. we're having a great time here. there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after
as early morning deal is reached in the senate on the fiscal cliff. plus, the u.s. still poised to go over the edge. i don't know why we keep saying while you were sleeping. do we think anybody was sleeping? 2013 is officially rung in as of now we have no word on what the house of representatives will do. but as we wait, we'll walk you through the bill's details and tell you the impact that it has on you. >> and secretary of state hillary clinton waking up this morning in a new york city...
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the fiscal cliff fight, still no agreement but we could get word of new developments later on this morning. stay with us. we'll be right back. ht back. >>> take a live look at udc right now, an area down there and pretty quiet as you can imagine. new year's eve, a lot of people are still off for the holidays and it is good that they'll be off because it is pretty cold. you don't want to be out there having to deal with your morning commute today. that is for sure. >> a few stragglers i saw -- >> redskins celebrating? >> a few stragglers from late night celebrations. >> they'll be celebrating tonight because of the new year. >> it is cold out. temperatures at or below freezing. so if you are growing to be straggling out and about the next couple of hours or so, make sure you have a hat and coat. >> the big puffy. >> yeah, you will want it all week because temperatures will only be in the 30s. today, we'll be in the 40s for daytime highs and we're not there yet. 30 in washington. 20 in pittsburgh. columbus, 20 degrees. let's see. 22 in boston. 30 in new york city. and once again, we'll pr
the fiscal cliff fight, still no agreement but we could get word of new developments later on this morning. stay with us. we'll be right back. ht back. >>> take a live look at udc right now, an area down there and pretty quiet as you can imagine. new year's eve, a lot of people are still off for the holidays and it is good that they'll be off because it is pretty cold. you don't want to be out there having to deal with your morning commute today. that is for sure. >> a few...
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Dec 29, 2012
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cliff. senate law makes smakers say th planning to work through the weekend to come to an agreement. all sides say they're getting closer to a deal. they're trying to avoid a tax hike on all americans as well as deep spending cuts, but the president said the american people are growing tired of what seems to be never ending gridlock and partisan bickering. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> right now the plan is to come to an agreement then send it to the senate for a vote. house would then take a vote, which could take place as late as january 2nd. the president will sit down for an exclusive one on one interview with "meet the press" moderator david gregory. they will discuss the fiscal cliff and other key issues. you can see it here tomorrow at 10:30. >>> we're a little more than 36 hours a
cliff. senate law makes smakers say th planning to work through the weekend to come to an agreement. all sides say they're getting closer to a deal. they're trying to avoid a tax hike on all americans as well as deep spending cuts, but the president said the american people are growing tired of what seems to be never ending gridlock and partisan bickering. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the...
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Dec 30, 2012
12/12
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." >> we are less than two days away from the looming fiscal cliff. this morning we are looking ahead to a possible vote on capitol hill to prevent that. >> and also this morning, your forecast. and it's going to be a chilly one. >> it is, angie. this is a put down your toothbrush moment and look at the gorgeous sky cover we have here with the clouds and the sun reflecting off the bottom. we are 38 degrees, and humidity is 55%. and winds are out of the west at 15. and we have a bit of a windchill. 34 is the number, and it feels like 23 in martinsburg and 29 downtown as you step outside. so bundle up today. if you dress for the 20s i promise you will be better off than the forecasted high of 39, because it's really never going to feel quite that warm with the busy northwest winds. we have your new year's eve forecast ahead, and we will see you in a bit. >>> and it could make or break their push for the playoffs tonight. it's a game that puts a lot on the line. the winner clinches the nfc east title and isplayoffs, and the redskins still could make the
." >> we are less than two days away from the looming fiscal cliff. this morning we are looking ahead to a possible vote on capitol hill to prevent that. >> and also this morning, your forecast. and it's going to be a chilly one. >> it is, angie. this is a put down your toothbrush moment and look at the gorgeous sky cover we have here with the clouds and the sun reflecting off the bottom. we are 38 degrees, and humidity is 55%. and winds are out of the west at 15. and we...
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Dec 28, 2012
12/12
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brandi hitt explains how it is tied to the fiscal cliff. >> good morning. call it the dairy cliff. starting new year's day, the price of milk could double if congress does not have a new farm bill. a 1949 law kicks in that would force the government to pay dairy farmers much higher prices for milk. sales of new homes it jumped 4.4% last month to the fastest pace in 2.5 years. new home sales up more than 15% over the past year. ford will expand a half-dozen plants in michigan creating 2300 jobs. it's part of the companies promised to invest $6.2 billion in its u.s. plants and create 12,000 jobs by 2015. the biggest movie flop of 2012 is. is. " it grossed a total of $264, meaning two dozen people bought tickets. >> hi, my name is ryan king. i'm from vienna. hail to the chee redskins. good morning, washington. >> chuck pagano will return to the sidelines at lucas oil stadium to coach the indianapolis colts when they take on the houston texans. this completes his comeback from leukemia and the comeback season which saw andrew luck take them to the playoffs. >> we talk about the will to
brandi hitt explains how it is tied to the fiscal cliff. >> good morning. call it the dairy cliff. starting new year's day, the price of milk could double if congress does not have a new farm bill. a 1949 law kicks in that would force the government to pay dairy farmers much higher prices for milk. sales of new homes it jumped 4.4% last month to the fastest pace in 2.5 years. new home sales up more than 15% over the past year. ford will expand a half-dozen plants in michigan creating 2300...
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Jan 1, 2013
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the senate passed the fiscal cliff deal with an overwhelming bipartisan vote. it was 89-8. want to bring in jessica yellin at the white house. you, too, were up late early in the morning here. the president, how does he feel things are going? we went over the cliff but clearly there's still more work to be done. >> reporter: well, look, they're not coming out and talking so they're being careful and letting the process unfold as it needs to. but there's a sense here that this deal will get done. and that they have wrapped up this -- this part of the process will be wrapped up today, suzanne. and you know, i'd say that there's also a sense here that the president did get a win. that's the view from this end of pennsylvania avenue. there are many different views on the other end. the sense here is that, for example, this is as they're saying in their talking points the first bipartisan agreement to raise taxes on the wealthy in 20 years. now, that is, in fact, an accomplishment for a democratic president they got a concession from the republican party to let taxes increase on
the senate passed the fiscal cliff deal with an overwhelming bipartisan vote. it was 89-8. want to bring in jessica yellin at the white house. you, too, were up late early in the morning here. the president, how does he feel things are going? we went over the cliff but clearly there's still more work to be done. >> reporter: well, look, they're not coming out and talking so they're being careful and letting the process unfold as it needs to. but there's a sense here that this deal will...
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Dec 28, 2012
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happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what happens here in washington, is that nothing really happens until they're really up against the deadline. that's why i'm also told by some democrats who really know what the process is going to be, if there is one, that they don't even see this potentially happening, if there is any kind of legislation that goes before december 31st, until probably that day, december 31st, because the pressure will have to be on to get enough republicans in the house and the senate, to pass this. >> right up to the edge. thank you, dana. thank you, jessica. now, right now, the most likely deal on the table seems to
happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what...
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cliff. tax hike spending cut we told you about. we have mr. on that deal on 7 morning news beginning at 4:30 am and of course on our web site but again senate voted to pass that deal. >>> back now to new year's eve. getting ready for our own fireworks ferry building on embarcadero on san francisco. spencer here with life doppler 7 hd. lacks pretty good. it does. clear out there as we see. moisture early in the evening offshore moved well to our south. skies clearing. trems falling however pretty chilly out there. 32 degrees fairfield. 35 in nap a.36 livermore here in san francisco relatively mild 48 degrees and falling. so here's a look what we expect conditions to be like at midnight fireworks begin. we'll have chilly conditions mainly clear skies. temperatures in the low to mid 40's so it's cool and brisk tout but i don't think that will deter the revellers from enjoying the new year's eve fireworks and the weather. i have more coming up a little bit later dan. >> excellent. thanks very mu
cliff. tax hike spending cut we told you about. we have mr. on that deal on 7 morning news beginning at 4:30 am and of course on our web site but again senate voted to pass that deal. >>> back now to new year's eve. getting ready for our own fireworks ferry building on embarcadero on san francisco. spencer here with life doppler 7 hd. lacks pretty good. it does. clear out there as we see. moisture early in the evening offshore moved well to our south. skies clearing. trems falling...
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Dec 31, 2012
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where neglect smagss stand at this hour as we edge closer to going over the fiscal cliff. >> the dream season continues for redskins fans after the team's big win over the cowboys. has them playoff bound this morning. >>> can you believe that? >> going to be a happy new year for everyone. good morning, i'm richard jor n jordan, i'm erika gonzalez.
where neglect smagss stand at this hour as we edge closer to going over the fiscal cliff. >> the dream season continues for redskins fans after the team's big win over the cowboys. has them playoff bound this morning. >>> can you believe that? >> going to be a happy new year for everyone. good morning, i'm richard jor n jordan, i'm erika gonzalez.
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Jan 1, 2013
01/13
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clair. >>> we're following a lot of stories this morning including the fiscal cliff. and the weather situation, erica will have a update in a moment. let's head out now and show you a shot from the mount tam camera. it is barely wiggling. you will not have to deal with the breeze. >>> welcome back. it is officially 2013. we're waking up to clear skies. it is another cold one here in the bay area and we're picking up right rain. i did see rain reported around sfo. a lot of the showers have pushed their way south so again just a stray passing light shower. i don't think it will affect your ride at all. we could see light rain around the santa cruz mountains. but a clear conditions, sunny skies. the temperatures a little warmer than 24 hours ago. and currently 36 degrees over in fairfield and 43 waking up or staying up in hayward. as we walk you through the timing of the temperatures and it shows 8 a.m. you will see two colors. the darker purposele is 40s. that's the heart of the bay holding on to the 30s for the east bay. and portions of the north bay. and setting the c
clair. >>> we're following a lot of stories this morning including the fiscal cliff. and the weather situation, erica will have a update in a moment. let's head out now and show you a shot from the mount tam camera. it is barely wiggling. you will not have to deal with the breeze. >>> welcome back. it is officially 2013. we're waking up to clear skies. it is another cold one here in the bay area and we're picking up right rain. i did see rain reported around sfo. a lot of the...
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Dec 27, 2012
12/12
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cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go ove
cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on...